Baltimore Checkbook

Comcast fined $2.3M to end probe into mischarging

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Government regulators are fining Comcast $2.3 million, saying the cable giant has charged customers for stuff they never ordered, like premium channels or extra cable boxes.



from http://www.wbaltv.com/news/comcast-fined-23m-to-end-probe-into-mischarging-customers/42058694

Kevin Plank to deliver keynote at New York real...

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Under Armour Inc. CEO Kevin Plank will detail his company’s meteoric rise in the athletic apparel business and now real estate landscape during an address before retail executives in early December. Plank will be the keynote speaker at the International Council of Shopping Center’s annual New York Deal Making Conference on Dec. 5 at the Jacob K. Javits Convention Center. His talk is expected to cover how he started Under Armour (NYSE: UA) with the design of an innovative fabric for an athletic…

Baltimore-area home sales prices reach 8-year high...

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The median home sales price in Greater Baltimore rose 7.9 percent in September, reaching the highest level for the month since 2008. The sales price hit $253,670 in September, according to data provided Tuesday by ShowingTime RBI based on listing activity for MRIS. Baltimore County prices rose 13.9 percent, the largest in the region, to a median of $199,950. The monthly housing report reflected a strong local market with home sales and new contracts at the highest levels in 10 years. Pending sales…

Redevelopment of former Giant Food warehouse in...

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Developers of a 1-million-square foot industrial complex in Jessup are putting the final touches on the project this month and are in search of tenants. The 60-acre complex was rebranded the Baltimore Washington Logistics Center and is located just off Interstate 95. It was the former home to a Giant Food distribution hub before the grocery chain vacated the space in 2003. Columbia-based Manekin LLC and Boston’s AEW Capital Management acquired the site on Assateague Drive in May 2015 for $45.25…

Samsung takes $10 billion hit to end Galaxy Note 7...

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Samsung has killed off the Galaxy Note 7 in the hope of limiting the fallout from its exploding smartphone fiasco.



from http://www.wbaltv.com/money/samsungs-10-billion-choice-ditch-the-note-7/42054990

8 things you need to know this morning — including...

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Good morning, and a happy but chilly Tuesday to you. Orioles fans have to be at least somewhat pleased after the Boston Red Sox were eliminated from the playoffs last night by the Cleveland Indians, so you don’t have to worry about a division rival making the World Series. This morning is going to be chilly again (there were even frost advisories for some portions of western Maryland) but things could warm up toward the end of the week. Here are eight things to know to get your day started. Former…

Investors want to know why Novavax drug trial...

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Gaithersburg-based Novavax Inc. canceled its highly anticipated annual investors meeting, opting instead to offer promised data on its recently failed RSV vaccine trial during its third quarter earnings call in November. That call will take place Nov. 9, nearly a month after the scheduled investors meeting was scheduled to be held in New York on Tuesday. The delay comes after Novavax (NASDAQ: NVAX) revealed Sept. 15 that the so-called Resolve trial that the so-called Resolve trial of the company's…

Under Armour, Kevin Plank to receive SBA's first...

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Under Armour Inc. and its CEO Kevin Plank will receive the U.S. Small Business Administration’s first Hall of Champions award at a ceremony Wednesday at the company’s Locust Point headquarters. The award honors successful U.S. companies that commenced with the support and foundation from SBA. During the presentation, Plank will join SBA Administrator Maria Contreras-Sweet and Mayor Stephanie Rawlings-Blake for a conversation on fostering entrepreneurship, the value and importance of the SBA, and…

Riding along on the new City Brew Tour (Photos)

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Nine of us climbed into the City Brew Tours van at the pickup location on Baltimore Street downtown. Name tags of past tour-goers lined the windows, seats and side panels. City Brew Tours expanded to Baltimore this weekend, just as Beer Week kicked off. The company now offers tours in five cities, including Philadelphia, Washington, D.C., and Boston. Our tour guide, Barry Hansen, spent the drive to Oliver Brewing Co. in Clifton Park, telling us about the history of beer making — all 10,000 years…

Samsung kills off Galaxy Note 7 smartphone

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Samsung has permanently halted production and sales of its Galaxy Note 7 smartphone after failing to correct a problem that was causing the devices to burst into flames. The episode is a major embarrassment for Samsung, which was forced to recall 2.5…



from http://www.wbaltv.com/money/samsung-kills-off-galaxy-note-7-smartphone/42055130